Corbus Pharmaceuticals Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Corbus Pharmaceuticals Holdings has a total shareholder equity of $-6.9M and total debt of $16.2M, which brings its debt-to-equity ratio to -234.8%. Its total assets and total liabilities are $28.3M and $35.2M respectively.
Key information
-234.8%
Debt to equity ratio
US$16.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.91m |
| Equity | -US$6.90m |
| Total liabilities | US$35.18m |
| Total assets | US$28.27m |
Recent financial health updates
Is Corbus Pharmaceuticals Holdings (NASDAQ:CRBP) Using Too Much Debt?
Nov 19
Is Corbus Pharmaceuticals Holdings (NASDAQ:CRBP) Weighed On By Its Debt Load?
Feb 04Recent updates
Corbus: Ability To Have Best-In-Class Nectin-4 Targeting Drug
Jan 30Corbus Pharmaceuticals GAAP EPS of -$0.11
Aug 09Is Corbus Pharmaceuticals Holdings (NASDAQ:CRBP) Using Too Much Debt?
Nov 19Here's Why Shareholders Should Examine Corbus Pharmaceuticals Holdings, Inc.'s (NASDAQ:CRBP) CEO Compensation Package More Closely
Jun 12Should Shareholders Reconsider Corbus Pharmaceuticals Holdings, Inc.'s (NASDAQ:CRBP) CEO Compensation Package?
May 14What Kind Of Shareholders Hold The Majority In Corbus Pharmaceuticals Holdings, Inc.'s (NASDAQ:CRBP) Shares?
Mar 11Is Corbus Pharmaceuticals Holdings (NASDAQ:CRBP) Weighed On By Its Debt Load?
Feb 04Corbus Pharmaceuticals: Down But Not Out
Jan 29Have Insiders Been Buying Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) Shares This Year?
Jan 09Corbus's lenabasum shows benefit in autoimmune disorder
Nov 09Financial Position Analysis
Short Term Liabilities: CRBP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CRBP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRBP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CRBP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CRBP has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CRBP is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.